Two former Parramatta Eels players are accused of harbouring semi-automatic weapons and possessing more than half-a-million dollars in cash after dramatic arrests in Sydney's Centennial Park yesterday.

Prosecutions must flow from ICAC: Hazzard

The NSW attorney-general says the public could lose faith in the state's corruption watchdog if prosecutions don't start flowing from its findings.

Corrupt former Labor powerbroker Eddie Obeid on Thursday dared the Director of Public Prosecutions (DPP) to lay charges after the Independent Commission Against Corruption (ICAC) delivered a damning assessment of his dealings with residential leases at Circular Quay.

Attorney-General Brad Hazzard called Mr Obeid's comments arrogant and said the government would do all it could to make sure he faced justice.

"It doesn't matter what your political background, how wealthy, how poor. We are determined the ICAC will actually see prosecutions," he told ABC radio on Friday.

"(That) the community may lose confidence in ICAC, may lose confidence in the legal system is a huge problem."

The DPP has been given extra resources to compile evidence against the many strands of Obeid Inc.

Mr Hazzard said the law was complex when it came to dealing with ICAC findings.